The annual Weapons Export Report registered a 23% drop compared with 2017 according to media sources. The government says the decrease is a sign of Germany's "restrictive and responsible weapons export policy."
The German government's 2018 Weapons Export Report, which is expected to be approved by the Cabinet next Wednesday, shows a sharp decline in exports, according to the RND Media Group which announced that it had seen the report on Thursday.
Most exports — 47.2% — went to the EU, NATO and NATO-allied countries (Australia, New Zealand, Japan and Switzerland).
Algeria tops list of third-country buyers
So-called third countries were the recipients of €2.5 billion worth of arms, down from €3.8 billion in 2017. Of those countries, Algeria was the largest customer, purchasing some €818.2 million worth of hardware.
Germany also exported some €365.7 million worth of arms to developing countries. Pakistan led the list of recipients in this category with a total sales volume of €174.4. It was followed by neighboring India with €96.8 million, and Indonesia with €21.2 million.
Request approvals for small arms and small arms parts totaled €38.9 million in 2018, down from €47.8 million in 2017.
The report also documents a total of 88 denied requests, representing a volume of €39.4 million.